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DLLL vs OKTG

GraniteShares 2x Long DELL Daily ETF

DLLLCNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.77pt a year

DLLL1.52%OKTG0.75%

Avg volume · 30D

DLLL 44.5×the volume

DLLL1.71MOKTG38.5K

DLLL vs OKTG Performance

Dec 31, 2025 – Oct 30, 2026

+559.2%DLLL+247.6%OKTG

Dec 31, 2025 to Oct 30, 2026. DLLL +559.2%. OKTG +247.6%. Use the arrow keys to read each point.0%750%1,000%1,250%Dec 2025Jun 2026Oct 2026
Expense ratio
DLLL 1.52%
OKTG 0.75%, better
Fund size
DLLL $159M
OKTG $8M
1Y total return
DLLL +279.2%
OKTG No data
Holdings
DLLL 2
OKTG 5
Avg volume (30D)
DLLL 1.71M sh, better
OKTG 38.5K sh
NAV per share
DLLL $24.24
OKTG $53.95
52W range

ETF.net Grade

DLLL: Cost 4, Risk 75, Mission 95, Tradability 86, Holdings not scored, Durability 80. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for DLLL, OKTG, with each pillar’s weight
PillarDLLLOKTG
Cost30% weightF4A70Higher
Mission25% weightA95HigherA94
Risk15% weightA75A76Higher
Tradability15% weightA86HigherA73
Holdings10% weightNot scoredNot scored
Durability5% weightA80HigherC51

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DLLL and OKTG are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

OKTG ranks 3rd and DLLL 102nd of 315 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  2. Rank 2AUNHGLeverage Shares 2x Long UNH Daily ETFScore 72
  3. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  4. Rank 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  5. Rank 102CAXTLLeverage Shares 2X Long AXTI Daily ETFScore 45
  6. Rank 102CDLLLGraniteShares 2x Long DELL Daily ETFScore 45
  7. Rank 102CGEVXTradr 2X Long GEV Daily ETFScore 45

Our read on each fund

ETF.net Research

DLLLCGraniteShares 2x Long DELL Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

DLLL Two times Dell's daily move in one ticker, no margin account or options chain required. The exposure resets every day, which makes it a short-clock trading tool rather than a set-and-forget holding.

OKTG A 2x daily amplifier on Okta, the identity-security stock, in an ETF wrapper. Leverage Shares prices it at 0.75%, under the typical leveraged single-stock fund, in a corner of the market built mostly around mega-caps.

Stated mandate

DLLL The fund seeks daily investment results equal to 2 times the daily percentage change of Dell Technologies Inc.'s common stock. It is intended as a short-term trading vehicle and is not expected to deliver twice the cumulative return over periods longer than one day.

OKTG The fund seeks daily leveraged investment results equal to 200% of the daily performance of the publicly traded common stock identified as OKTA, before fees and expenses.

Why people hold it

  • DLLL Does one thing and states it plainly: aims for 2x Dell's daily percentage change, and it has stayed close to that daily mark since its February 2025 launch.graniteshares.com
  • Actively traded, which matters for an instrument where your fill is most of the outcome.
  • Leverage in a wrapper you already use: a 1940 Act ETF bought in a normal brokerage account, no margin agreement, options approval, or roll schedule.graniteshares.com
  • Stands in the upper half of a very crowded field of 2x single-stock bull funds.
  • OKTG Costs 0.75% a year, below the roughly 1.01% median for leveraged single-stock funds, and matches the fee on Leverage Shares' other 2x products like UNHG and ASMG.
  • Mechanically simple: it aims for 200% of Okta's daily move before fees and expenses, no margin account, options chain or share borrow involved.leverageshares.com
  • Unusual target. Most 2x single-stock ETFs point at mega-caps such as AAPU and GGLL; this one puts the same machinery on a cybersecurity name.

Worth knowing

  • DLLL Priced at the high end: 1.50% net of a waiver through December 31, 2026 (3.55% gross), above the category median. TSMG charges 0.76% and OKTG 0.75%, neither waived.
  • The daily reset compounds. Over any stretch longer than one day, results can drift from 2x Dell's move, and choppy stretches erode value. The prospectus says so.graniteshares.com
  • One stock, doubled. A single Dell earnings report moves the whole position at twice the speed, with no other holdings to cushion it.
  • OKTG The leverage resets every day. Hold past that and returns compound, so a choppy stretch can leave you far from 2x Okta's move over the period.
  • One company, doubled. An earnings gap or a breach headline at Okta hits the fund at twice the size, with no other holdings to soften it.
  • Launched in November 2025 and still small and thinly traded, so spreads can run wider than on the long-established mega-cap leveraged funds.

Full DLLL profile⁠

Full OKTG profile⁠

DLLL vs OKTG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DLLL vs OKTG Cost

Overpaying DLLL vs OKTG

$12,084

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DLLL 1.52%

    $26,566

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • DLLL 1.52%
  • OKTG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530DLLL $26,566OKTG $14,482

Year by year

YearDLLLOKTGOverpaying
10$2,622$1,336$1,286
20$9,630$5,078$4,552
30$26,566$14,482$12,084

Expense ratio

  • 1.52%DLLL
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

DLLL 300th cheapest of 315 funds

DLLL vs OKTG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
DLLL None
OKTG None

Distribution history

DLLLAll DLLL payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

DLLL vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DLLL 218.8%since Mar 2025OKTG No data
Return per unit of riskSharpe ratio, 3 years
DLLL 1.11since Mar 2025OKTG No data
Worst fallMax drawdown, 5 years
DLLL −68.6%since Feb 2025OKTG No data
Market sensitivityBeta, 5 years
DLLL 7.68OKTG 2.39

Popular comparisons

  • DLLLCvsTSMGA

    GraniteShares 2x Long DELL Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.52% · 0.76%
    Category
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  • OKTGAvsTSMGA

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  • DLLLCvsUNHGA

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  • OKTGAvsUNHGA

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    Expense ratio
    0.75% · 0.77%
    Category
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  • DLLLCvsPANGA

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  • OKTGAvsPANGA

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    Expense ratio
    0.75% · 0.76%
    Category
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